The David Pakman Show BONUS: White House in chaos over 50-year mortgage plan, white males overrepresented in podcasting, and more...
Nov 15, 2025
The discussion kicks off with a critical look at the White House's concerns over Trump's controversial 50-year mortgage plan and its potential drawbacks. A deep dive into the financial ramifications reveals how this plan could benefit banks more than everyday borrowers. The conversation turns to a USC study highlighting the overwhelming presence of white males in top podcasts, sparking a debate about gender representation and its implications in political media. Finally, the Supreme Court's upcoming decision on mail-in ballot grace periods is examined, emphasizing its importance in protecting voter access.
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50-Year Mortgages Inflate Demand
- Spreading mortgage terms to 50 years lowers monthly payments but fuels demand and higher prices.
- David Pakman explains this creates a snowball debt effect and less initial equity for buyers.
Don't Be Swayed By Lower Monthly Payments
- Avoid choosing much longer mortgages thinking they make housing cheaper overall.
- Pat Ford shows a 50-year loan raises total interest massively versus a 30-year mortgage.
Trump Misstates Mortgage Norms
- David recounts Trump being unaware of current mortgage norms during a Laura Ingraham interview.
- He highlights Trump mistaking 30-year mortgages for 40-year terms as evidence of misunderstanding policy.